How To Combat Recession

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How To Combat Recession

Author : Laurence Seidman
ISBN : 9780190462178
Genre : Monetary policy
File Size : 69.87 MB
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Introduction -- How would a benevolent ruler combat a recession? -- What is stimulus-without-debt? -- Do tax rebates work in a recession? -- What about other kinds of fiscal stimulus? -- Would stimulus-without-debt be inflationary? -- Would stimulus-without-debt weaken the Fed's balance sheet? -- Would stimulus-without-debt undermine Fed independence? -- Can't monetary stimulus overcome a severe recession? -- Can stimulus-without-debt be used by other countries? -- What have others written about stimulus-without-debt? -- Can stimulus-without-debt combat secular stagnation? -- Would stimulus-without-debt work in a plausible macro model? -- Are we ready for the next severe recession?
Category: Monetary policy

Automatic Fiscal Policies To Combat Recessions

Author : Laurence S. Seidman
ISBN : 0765611104
Genre : Business & Economics
File Size : 90.25 MB
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Selected Contents: Part I.Introduction1. Fiscal Policy to Combat a Severe Recession2. An Automatic Transfer (Tax Rebate)3. An Automatic Temporary Consumption Tax Cut4. Fiscal Discipline with NUBAR (A Normal Unemployment Balanced Budget Rule)5. A Fiscal Policy Advisory Board Part II.6. Recent Empirical Studies Relevant to Counter-Cyclical Fiscal Policy7. The Tax Rebate in the 1975 Recession8. The Tax Rebate in the 2001 Recession9. Early Studies of Automatic Fiscal PolicyPart III.10. Early Challenges to Counter-Cyclical Fiscal Policy11. The New Classical Counter-Revolution: A False Path for Macroeconomies12. Fiscal Policy and the Ending of the Great Depression
Category: Business & Economics

How To Eliminate Fear Of Global Economic Recession And Terrorism

Author : Wayne Rollan Melton
ISBN : 9780578004556
Genre : Self-Help
File Size : 62.24 MB
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As millions of Americans lose their jobs, the economy crumbles, and terrorists threaten to obliterate the United States, fear has gripped people worldwide. While mothers cry themselves to sleep at night and increasing numbers of homeless people spill onto streets around the globe, the debilitating emotion of fear spreads daily-infecting the hearts and minds of people everywhere. Herein you can discover The Secret to Peace of Mind, how to eliminate fear of global economic recession and terrorism in as little as three days. How would you like to learn where and how you can find this mysterious code? And once you've grasped this classified info, how can you escape the prison of fear-even if death, starvation and destruction intensify?
Category: Self-Help

Public Sector Management

Author : Marcia Lynn Whicker
ISBN : 0275933814
Genre : Business & Economics
File Size : 50.26 MB
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Intended as a text for master's level students in public administration and public policy, this volume provides an introductory survey of the field that focuses on the structures of operation, management, and environments of modern governments. The contributors address federal, state, and local governments as well as intergovernmental relations, discussing such topics as fiscal management, policy analysis, program evaluation, management and administration, marketing, and the developmental progress of national governments. Their aim throughout is to distill for the reader a solid base of current knowledge about the field of public administration and the challenges it offers to practitioners as we move into the 1990s. The volume begins with an introductory chapter which addresses current and evolving issues in U.S. public administration and demonstrates the ways in which political, social, and economic trends impact upon modern governments and their managers. The functions and structure of the federal bureaucracy and state and local governments are described in detail in two chapters, followed by a chapter by editor Marcia Whicker that explores intergovernmental relations. The contributors then turn to an examination of government operations in the fiscal management, policy analysis, and program evaluation arenas. Three chapters discuss management issues, including organizational theory, leadership, and personnel administration. Finally, the text addresses the use and adaptation of private sector marketing techniques, the developmental progress of national governments, and the evolution of historical/philosophical values that constitute the framework for future governance.
Category: Business & Economics

International Conference On Social Education And Management Engineering

Author :
ISBN : 9781605951850
Genre : Education
File Size : 80.93 MB
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SEME2014 is a convention which aims at calling for people’s attention to the improvements of education environments and providing excellent researchers from the world an opportunity to present their creative and inspiring ideas. The wide range of topics for SEME2014 includes social research like social network analysis, social system dynamics and area studies, education science and technology like higher education, teaching theory, multimedia teaching and lifelong teaching, management science and engineering like management theory, decision analysis and economics management etc. SEME2014 holds the advance and improvement of Social, Education and Management Engineering as its earnest purpose. And to achieve this goal, experts and scholars of excellence in their domains are invited to present their latest and inspiring works. All the attendees will gain great benefits both on his academic ability and personal experience.
Category: Education

The Economy In The Reagan Years

Author : Anthony S. Campagna
ISBN : 0313288666
Genre : Business & Economics
File Size : 34.44 MB
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Establishes a scholar's position that the Reagan economic policies failed in the ongoing discussion of the economics of these years. The arguments concerning this era will continue into the future.
Category: Business & Economics

The Means To Prosperity

Author : Per Gunnar Berglund
ISBN : 9781135991647
Genre : Business & Economics
File Size : 41.80 MB
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While recent developments in monetary theory have been fast to spread to policy analysis and practice and the media, the same is not true of fiscal policy, and a void has emerged. Issues such as timing, cyclical adjustments, long-term sustainability, and social implications are often seen as detached from discussions in the public arena. This book fills this gap. It delivers a keen assessment of the role and scope of current fiscal policy. New contributions and critical reviews of state of the art research analyze fiscal policy in terms of viability, potency, consequences and sustainability, and also shed light on its relation to economic and political ideas. The general tone of this volume is cautiously favourable of fiscal activism, although the emphasis is placed more on medium-term adjustments than on short-term ‘fine-tuning’. The authors believe that the legacy of the last fiscal revolution has been an excessively negative view of deficits and debt, and believe that this volume will contribute to open a dialogue on fiscal issues, and bring back a more balanced view of fiscal policy. With contributions from leading authorities including Barbara Bergmann, Jeffrey Frankel and David Colander, this is a major new contribution to the field.
Category: Business & Economics

The Escape From Balance Sheet Recession And The Qe Trap

Author : Richard C. Koo
ISBN : 9781119028178
Genre : Business & Economics
File Size : 55.72 MB
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Compare global experiences during the balance sheet recession and find out what is needed for a full recovery The Escape from Balance Sheet Recession and the QE Trap details the many hidden dangers remaining as the world slowly recovers from the balance sheet recession of 2008. Author and leading economist Richard Koo explains the unique political and economic pitfalls that stand in the way of recovery from this rare type of recession that was largely overlooked by economists. Koo anticipated the current predicament in the West long before others and issued warnings in his previous books: Balance Sheet Recession and The Holy Grail of Macroeconomics. This new book illustrates how history is repeating itself in Europe while the United States, which learnt from the Japanese experience, is doing better by avoiding the fiscal cliff. However, because of the liberal dosage of quantitative easing already implemented, the United States, the United Kingdom, and Japan may face a treacherous path to normalcy in what Koo calls the QE Trap. He argues that it is necessary to understand balance sheet recession in order to resolve the Eurozone crisis, particularly the competitiveness problems. Koo issues warnings against those who are too ready to argue for structural reforms when the problems are actually with balance sheets. He re-examines Japan's two decades of experiences with this rare recession and offers an insider view on the Abenomics. On China, readers will gain a very different historical perspective as Koo argues that western commentators have forgotten their own history when they talk about the re-balancing of the Chinese economy. Learn from Japan which experienced the same predicament afflicting the West fifteen years earlier Discover how unwinding of quantitative easing will affect the United States, the United Kingdom, Japan, as well as the emerging world Examine solutions to the Eurozone problems caused by two balance sheet recessions eight years apart Gain insight into China's problems from the West's own experiences with urbanisation Koo, who developed the concept of balance sheet recession based on Japan's experience, took the revolution in macroeconomics started by John Maynard Keynes in 1936 to a new height. The Escape from Balance Sheet Recession and the QE Trap offers the world cure for balance sheet recession.
Category: Business & Economics

Memos To The President

Author : Charles Schultze
ISBN : 0815719035
Genre : Political Science
File Size : 55.14 MB
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When policymakers are in need of economic advice, professional economists are never far away. Policymakers, journalists, and citizens all rely on experts to explain various economic developments and policy proposals. While it is fortunate that experts are close at hand, those concerned with choosing or evaluating economic policies should themselves have an understanding of how the economy works. Unfortunately, many policymakers and interested citizens currently lack such knowledge; and they need to know at the least the basics of macroeconomics to make informed decisions on their own. In this insightful book, Charles L. Schultze employs an imaginative format for explaining to busy policymakers and citizens how the economy works and what issues are likely to affect macroeconomic policy. He imagines that the next president has promised to devote one hour a week to learning about key economic principles and has asked the chairman of the Council of Economic Advisers for instruction. The book is written as a series of memos to the president on the principles and policy issues that should be understood before making macroeconomic policy judgements. A former chairman of the Council of Economic Advisers himself, Schultze clearly explains the key relationships as a background for policy decisions—relationships among domestic and foreign economic forces, and government policies and economic outcomes. The memos rely heavily on the use of real-world examples from recent economic events and policy debates. They focus principally on such policy-related issues as inflation, unemployment, long-term economic growth, and the flow of international trade and capital. The series of short, easy-to-read memos is divided into three groups: the first presents the background, explaining why it is particularly important for policymakers to distinguish between those economic forces that affect total demand in the economy and those that affect total supply; the second addresses the problem of economic stability; and the third looks at long-term economic growth.
Category: Political Science

Barack Obama S Post American Foreign Policy

Author : Robert Singh
ISBN : 9781780931135
Genre : Political Science
File Size : 35.55 MB
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After one of the most controversial and divisive periods in the history of American foreign policy under President George W. Bush, the Obama administration was expected to make changes for the better in US relations with the wider world. Now, international problems confronting Obama appear more intractable, and there seems to be a marked continuity in policies between Obama and his predecessor. Robert Singh argues that Obama's approach of 'strategic engagement' was appropriate for a new era of constrained internationalism, but it has yielded modest results. Obama's search for the pragmatic middle has cost him political support at home and abroad, whilst failing to make decisive gains. Singh suggests by calibrating his foreign policies to the emergence of a 'post-American'world, the president has yet to preside over a renaissance of US global leadership. Ironically,Obama's policies have instead hastened the arrival of a post-American world.
Category: Political Science

Capitalism Unleashed

Author : The Late Andrew Glyn
ISBN : 9780191622748
Genre : Business & Economics
File Size : 77.77 MB
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Free enterprise is off the leash and chasing new opportunities for profit making across the globe. After a turbulent century of unprecedented social and technological change, Capitalism has emerged as the dominant ideology and model for economic growth in the richest, most developed countries. But only thirty years ago economic growth was faltering, inflation rising and the Left were arguing for greater state intervention in industry. How did this remarkable transformation happen? And what price have we paid in the process? This accessible and persuasive book challenges the notion of our capitalist destiny. It provides a clear and concise history of the problems facing the economies of Europe, Japan and the US during the latter half of the twentieth century and questions whether capitalism has really brought the levels of economic growth and prosperity that were hoped for. Andrew Glyn then looks at the impact the rapidly developing economies of China and the South are likely to have on the older economies of the North. As the race is on to maintain growth and protect competitive advantage, Glyn asks: is the 'race-to-the bottom' inevitable as the anti-globalisers predict, with welfare states being dismantled to meet competitive demands? Or is there an alternative model which sees a strong commitment to welfare provision as essential to economic growth? Can we afford not to tackle inequality at home as well as abroad?
Category: Business & Economics

21st Century Economics A Reference Handbook

Author : Rhona C. Free
ISBN : 9781412961424
Genre : Business & Economics
File Size : 21.52 MB
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Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Americans are debating the proper role of the government in company bailouts, the effectiveness of tax cuts versus increased government spending to stimulate the economy, and potential effects of deflation. Economists have dealt with such questions for generations, but they have taken on new meaning and significance. Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is intended to meet the needs of several types of readers. Undergraduate students preparing for exams will find summaries of theory and models in key areas of micro and macroeconomics. Readers interested in learning about economic analysis of an issue as well students embarking on research projects will find introductions to relevant theory and empirical evidence. And economists seeking to learn about extensions of analysis into new areas or about new approaches will benefit from chapters that introduce cutting-edge topics. To make the book accessible to undergraduate students, models have been presented only in graphical format (minimal calculus) and empirical evidence has been summarized in ways that do not require much background in statistics or econometrics. It is thereby hoped that chapters will provide both crucial information and inspiration in a non-threatening, highly readable format.
Category: Business & Economics

International Economics

Author : Robert Carbaugh
ISBN : 9780324581485
Genre : Business & Economics
File Size : 83.85 MB
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Student favorite INTERNATIONAL ECONOMICS, Twelfth Edition, offers easy-to-understand coverage of international trade and finance theory. Even if you have little economics background, the relevance of economic theory is quickly made clear through applications from the real world today. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Category: Business & Economics

Work Sharing During The Great Recession

Author : Jon Carleton Messenger
ISBN : 9781782540885
Genre : Business & Economics
File Size : 33.88 MB
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'Work sharing' is a labour market instrument devised to distribute a reduced volume of work to the same (or similar) number of workers over a diminished period of working time in order to avoid redundancies. This fascinating and timely study presents the concept and history of work sharing and explores the complexities and trade-offs involved in its use as both a strategy for preserving jobs and a policy for increasing employment. The expert contributors examine the resurgence in the use of work sharing as a job preservation strategy via country case studies of work-sharing programmes implemented across the globe during the Great Recession of 20082009. These studies clearly illustrate that work sharing has been successful as a crisis-response measure in a number of countries. Lessons learned and their implications are presented alongside prescriptions on how to design permanent work-sharing policies that would provide appropriate incentives to generate positive effects for employment and promote a sustainable and job-rich economic recovery. This enlightening book will prove invaluable to academics, researchers, students and policymakers in the fields of labour economics, public sector economics and social policy.
Category: Business & Economics

Hindu Mythology Quiz Book

Author : Pankaj Dixit
ISBN : 818832275X
Genre : Hindu mythology
File Size : 26.62 MB
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Hinduism, one of the oldest religion on the earth, is an outcome of a continuous process of interaction of time-tested rituals, varied philosophical schools, in-, depth researched scriptures and renowned mythologies. It is more a way of life harmonising the micro & macro cosom, Purush & Prakriti, Brahma & Jiva. This book, in quiz form, gives a bird's eye view of all the basic fundamentals of Hindu religion i.e. philosophy, sculpture, temple architecture, plastic art forms and rituals. The chapter on Homas Yajnas & Fire rituals is a classic example of Vedic ritualistic heritage. It will definitely create an interest for a detailed exposition on various facets of the religion for scholars as well as any modern day Hindu. A mini Encyclopaedia of Hinduism.
Category: Hindu mythology